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Posted: 2025-05-03 11:06:33 UTC

This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-03 11:06:44 UTC
Verified By
Rollup News
State Bank of India (SBI) intends to raise 250 billion rupees ($3 billion) through new shares this fiscal year, which will be its first equity raising in several years.
SBI's plan to raise 250 billion rupees ($3 billion) through new shares.
This marks the first equity raising by the state lender in several years.
Successfully executing the share sale in the current market conditions.
Ensuring investor confidence in the state lender.